Seeking Alpha

Molycorp completes commissioning of rare earth cracking facility

  • Molycorp (MCP +2%) says the final unit of its multi-stage cracking plant at Mountain Pass has completed commissioning and is operational.
  • The cracking plant is part of a multi-stage chemical process designed to increase the facility`s rare earth recovery rates, boost production throughput, and contribute to lower unit production costs.
  • MCP says the cracking plant and other plants that comprise Mountain Pass will continue to be optimized to increase operating efficiencies and cut costs.
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Comments (1)
  • Michael Bryant
    , contributor
    Comments (5618) | Send Message
     
    Time to buy (MCP). Stock getting cheaper. Maybe it'll hit $1 like everything back in March 2009.
    19 Dec 2013, 10:30 AM Reply Like
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